To provide low-interest-rate loans to help positively impact neighborhoods by improving existing multi-family housing units or developing affordable housing in areas where it is needed.
An eligible residential property owner is a person, firm or corporation that purchases and develops or rehabilitates a multi-family residential structure.
Projects with two or more units per structure will qualify as multi-family residential structures. Deposit funds may be used in connection with loans for the purchase and rehabilitation, construction, renovation and land development of multi-family residential structures.
Owner does not currently owe any unpaid, non-protested taxes to the State of Missouri or any political subdivision.
Missouri side properties only
2023 Kansas City MSA Fair Market Rent (FMR) by bedrooms
1 bed $1002
2 bed $1,164
3 bed $1,530
4 bed $1,777